Colorado Bill Could Undermine TABOR Protections Redirecting Billions Away From Taxpayers
By Nash Herman | Commentary, Complete Colorado
Senate Bill 135, legislation that could permanently end the refund of overcollected tax dollars, as well as radically raise revenue limits under Colorado’s Taxpayer’s Bill of Rights (TABOR) amendment, just received a new fiscal note predicting an even bigger blank check for the legislature than before.
This follows the updated revenue forecast presented to the Joint Budget Committee (JBC).
Let’s see what changed.
Budget hole gets bigger
Legislative analysts predict that this year’s “budget shortfall” will be approximately $1.5 billion, based on the March 2026 Economic and Revenue Forecast.
While that means a haircut to General F...
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